Quotes with Resistance & Support
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Intraday calls for 07-06-11

Posted on: June 7th, 2011 at 8:28 am

Markets likely to open lower. Support for nifty is at 5480.

Sell Aurobindo Pharma around 173.50, Target: 168, SL 178 (sl triggered)

2.15pm – buy havells at 426, target: 438-440. Stoploss: 415. (1-2 day hold) trade in small quantity

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514 Responses

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  1. thavva Says:
    June 7th, 2011
    Posted at: 11:35 am

    Hi Abdullah, Ok, thanks for the info...


  2. RAVI Says:
    June 7th, 2011
    Posted at: 11:36 am

    SIR SD I BOOK OUT FROM AURO PHRMA OR CONTINUE TO CARRY MY SHORTS


  3. Abdullah Says:
    June 7th, 2011
    Posted at: 11:37 am

    Hi thavva, Most welcome :)


  4. thavva Says:
    June 7th, 2011
    Posted at: 11:39 am

    Hi Abdullah, any idea about tata steel. I have 620 ce @ 2.40 (10 lots). Will it see at least 4 by expiry?


  5. suman Says:
    June 7th, 2011
    Posted at: 11:43 am

    Hi CB/Kartik,

    Can i buy IVRCL Infra for 3-6 months period...
    Whats your advice on that.....


  6. anil Says:
    June 7th, 2011
    Posted at: 11:46 am

    Hi CB,

    Good morning.have purchased auropharma,mysore bank,punjlloyd and renuka sugars in large quantity. Is all are good bet for long term [6 month to 1 year]??? R want me to sell??? please advise.


  7. Abdullah Says:
    June 7th, 2011
    Posted at: 11:47 am

    Hi thavva, Tata steel is likely to face resistance around 575 levels, and then 585 (strong res). Can hold your calls with a strict SL of 565. All levels mentioned are cash. Very difficult to say whether CE prices will touch 4 by expiry...


  8. Vivek Shah Says:
    June 7th, 2011
    Posted at: 11:49 am

    nifty target for day ??


  9. Lalith Says:
    June 7th, 2011
    Posted at: 11:51 am

    Hi Abdullah, GM, any intraday calls ?


  10. namonia Says:
    June 7th, 2011
    Posted at: 11:56 am

    bought tatamotorfuture@1028 now 1030 can i exit or what level it reach todayplease anyonereply


  11. thavva Says:
    June 7th, 2011
    Posted at: 11:59 am

    Hi Abdullah, Ok...will try to exit on rise then....thanks once again.


  12. Abdullah Says:
    June 7th, 2011
    Posted at: 12:03 pm

    Hi Lalith, GM :) Sorry, as of now,no calls from my side. Will definitely post if I come across something...

    Hi thavva, Most welcome...


  13. CB Says:
    June 7th, 2011
    Posted at: 12:04 pm

    Hi Vivek Shah, may remain flat today

    Hi anil, yes, these are good bets for med/ long term. hold these

    Hi suman, as of now it looks weak. don't enter it yet

    Hi namonia, yes, book near 1040


  14. AJ Says:
    June 7th, 2011
    Posted at: 12:05 pm

    GITANJALI is down today....im holding from yday..
    What do you suggest?


  15. Abdullah Says:
    June 7th, 2011
    Posted at: 12:05 pm

    Hi CB, Good Afternoon :)


  16. CB Says:
    June 7th, 2011
    Posted at: 12:06 pm

    Hi AJ, yes, hold for now. has good support at 285

    Hi Abdullah, Good afternoon

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